# Call for hearing(s) to investigate impacts of City's credit downgrade to finances and borrowing costs

[Legislation tracker](https://www.chicagopolitics.org/tracker) › [Finance](https://www.chicagopolitics.org/committee/finance) › [9th Ward: Anthony Beale](https://www.chicagopolitics.org/ward/9)

- Record number: **R2025-0014903**
- Type: Resolution; category: Committee/Public Hearings
- Status: In Committee (Referred)
- Sponsor: [Anthony Beale](https://www.chicagopolitics.org/ward/9) (9th Ward)
- Co-sponsors (32): [Peter Chico](https://www.chicagopolitics.org/ward/10) (10th Ward), [Stephanie D. Coleman](https://www.chicagopolitics.org/ward/16) (16th Ward), [William Conway](https://www.chicagopolitics.org/ward/34) (34th Ward), [Derrick G. Curtis](https://www.chicagopolitics.org/ward/18) (18th Ward), [James M. Gardiner](https://www.chicagopolitics.org/ward/45) (45th Ward), [Maria E. Hadden](https://www.chicagopolitics.org/ward/49) (49th Ward), [Michelle A. Harris](https://www.chicagopolitics.org/ward/8) (8th Ward), [Timothy R. Knudsen](https://www.chicagopolitics.org/ward/43) (43rd Ward), [Bennett R. Lawson](https://www.chicagopolitics.org/ward/44) (44th Ward), [Nicole T. Lee](https://www.chicagopolitics.org/ward/11) (11th Ward), [Raymond A. Lopez](https://www.chicagopolitics.org/ward/15) (15th Ward), [Leni Manaa-Hoppenworth](https://www.chicagopolitics.org/ward/48) (48th Ward), [Matthew J. Martin](https://www.chicagopolitics.org/ward/47) (47th Ward), [Gregory I. Mitchell](https://www.chicagopolitics.org/ward/7) (7th Ward), [Emma Mitts](https://www.chicagopolitics.org/ward/37) (37th Ward), [David H. Moore](https://www.chicagopolitics.org/ward/17) (17th Ward), [Ronnie L. Mosley](https://www.chicagopolitics.org/ward/21) (21st Ward), [Anthony V. Napolitano](https://www.chicagopolitics.org/ward/41) (41st Ward), [Samantha Nugent](https://www.chicagopolitics.org/ward/39) (39th Ward), [Matthew J. O'Shea](https://www.chicagopolitics.org/ward/19) (19th Ward), [Marty Quinn](https://www.chicagopolitics.org/ward/13) (13th Ward), [Brendan Reilly](https://www.chicagopolitics.org/ward/42) (42nd Ward), [Monique L. Scott](https://www.chicagopolitics.org/ward/24) (24th Ward), [Debra L. Silverstein](https://www.chicagopolitics.org/ward/50) (50th Ward), [Nicholas Sposato](https://www.chicagopolitics.org/ward/38) (38th Ward), [Silvana Tabares](https://www.chicagopolitics.org/ward/23) (23rd Ward), [Chris Taliaferro](https://www.chicagopolitics.org/ward/29) (29th Ward), [Jeanette B. Taylor](https://www.chicagopolitics.org/ward/20) (20th Ward), [Andre Vasquez Jr.](https://www.chicagopolitics.org/ward/40) (40th Ward), [Gilbert Villegas](https://www.chicagopolitics.org/ward/36) (36th Ward), [Scott Waguespack](https://www.chicagopolitics.org/ward/32) (32nd Ward), [Desmon C. Yancy](https://www.chicagopolitics.org/ward/5) (5th Ward)
- Committee: [Committee on Finance](https://www.chicagopolitics.org/committee/finance)
- Submitted Date: Jan 15, 2025
- Introduction Date: Jan 15, 2025
- Official record: [Office of the City Clerk](https://chicityclerkelms.chicago.gov/Matter/?matterId=49EF1FD9-66D3-EF11-8EEA-001DD8306DF0)

## Timeline

- Jan 15, 2025: Referred, City Council. The matter was Referred to Committee.

## Documents

- [w9 others - r14903.pdf](https://www.chicagopolitics.org/files/clerk/matterattachmentspublic/e8dde7be-fed3-41c1-bfae-fad2b06cd2b2.pdf) (Legislation)

## Related legislation

**More from Anthony Beale**

- [Amendment of Municipal Code Titles 4 and 13 establishing window obstruction restrictions for storefront public-facing windows](https://www.chicagopolitics.org/matter/O2026-0029484-titles-4-13-window-obstruction-restrictions) (O2026-0029484, introduced Oct 14, 2026, Referred)
- [Time fixed for next City Council Meeting September 29, 2026 at 10:00 A.M., Council Chamber](https://www.chicagopolitics.org/matter/SO2026-0028935-time-fixed-next-city-council-meeting) (SO2026-0028935, introduced Sep 23, 2026, Passed as Substitute)
- [Amendment of Municipal Code Section 2-8-041 by deleting and replacing it in its entirety to establish salary of alderpersons sworn in on…](https://www.chicagopolitics.org/matter/O2026-0028808-deleting-replacing-entirety-establish-salary-alderpersons) (O2026-0028808, introduced Sep 23, 2026, Referred)

**More on Committee/Public Hearings**

- [Call for hearing(s) on implementation of Rev. Jesse Jackson, Sr. Young Voter Empowerment Law in Chicago high schools](https://www.chicagopolitics.org/matter/R2026-0028841-call-hearing-implementation-rev-jesse-jackson) (R2026-0028841, introduced Sep 23, 2026, Referred)
- [Call on City of Chicago departments to prioritize heat mitigation, maintain and expand cooling centers, and install heat-resilient…](https://www.chicagopolitics.org/matter/R2026-0028725-call-city-chicago-departments-prioritize-heat) (R2026-0028725, introduced Sep 23, 2026, Adopted)
- [Call for hearing(s) on implementation of advanced law enforcement training technology](https://www.chicagopolitics.org/matter/R2026-0028822-call-hearing-implementation-advanced-law-enforcement) (R2026-0028822, introduced Sep 23, 2026, Referred)

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Source: https://www.chicagopolitics.org/matter/R2025-0014903-call-hearing-investigate-impacts-citys-credit · Chicago Politics, an independent tracker of the Chicago City Council. Guide for agents: https://www.chicagopolitics.org/llms.txt